Rear Spoiler Market Forecast (2020 - 2025)
Rear Spoiler (also known as Automotive Wings) Market is forecast to reach $5.2 billion by 2025 , after growing at a CAGR of 9.49% during 2019-2025. Increasing demand for performance cars with enhanced appearance is predicted to boost the rear spoiler market growth during the forecast period 2019-2025. Moreover, automotive manufacturers are introducing vehicle models pre-equipped with these aerodynamic devices to enhance the traction and improve control in high speed, which is further anticipated to favor the growth of rear spoiler market. Key Takeaways APAC dominates the Rear Spoiler Market attributed to the surge in production of customized vehicles by automotive manufacturers in this region. Automotive manufacturers are involved in extensive R&D to improve vehicle performance with help of rear spoiler. These R&D works are poised to create more opportunities for the rears spoiler market. Moreover, government authorities and regulatory bodies ...